Scans Accounting

16/03/2025

14/08/2022

Are you confused about what’s available to help you with the cost of living?

We’ve put all the government support in one place to make it easier. Find out more: https://bit.ly/3RdI7N2

22/09/2021

Hospitality VAT rate change

The temporary VAT rate of 5% for the hospitality, holiday accommodation and attractions sectors is coming to an end and will be replaced from 1 October 2021 with a reduced rate of 12.5%. This new rate applies until 31 March 2022.

If you have an enquiry, we are happy to help:
07366 676377

12/05/2021

Are you looking to outsource your company payroll? This is for you!

Release those admin and payroll duties and gain peace of mind and lots of time for you to grow and expand your business.

Whether you are a company of 1 or 20, our payroll service delivers accuracy, efficiency and compliance, leaving you free to focus on more important tasks.

✔️Payment calculation, pension, income tax & NI deduction
✔️Pension submissions
✔️Completion of your monthly electronic return to HMRC (RTI).
✔️Free Online portal and App to view payslips, reports and manage annual leave.
✔️Processing of year end with HMRC and a P60.
✔️Filed on time and in line with any legislative changes

If you would like to discuss a payroll solution for your company, simply call on 07366676377

12/05/2021

HMRC announces additional online support for self-employed applying for SEISS fourth grant.
The fourth Self-Employment Income Support Scheme grant is worth up to £7,500.

11/05/2021

TAX TIP OF THE WEEK 👉🏻

The most stress-free way to file a tax return is to have a professional do it for you. An accountant or tax advisor can deal with sifting through your paperwork, ensuring nothing has been missed. Meaning you can relax knowing your taxes are in the hands of an expert.

Accountants fees usually range from £150 to £400 but in many cases, they are able to make sufficient tax savings covering the fee.

28/04/2021

"I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do."

Leonardo da vinci

18/04/2021

We’ll help you make the MOST out of your tax returns!

If you’re confused by your taxes or have a lot of question, we got you covered! 😉

With our Tax professionals, you’ll:

Understand your finances better
Save time
Save money
Save effort
Avoid errors
Be on-time

12/04/2021

RECOVERY LOAN SCHEME IS NOW LIVE,️

DETAILS;

️What finance is available?

• Term loans and overdrafts will be available between £25,001 and £10 million per business.

• Invoice finance and asset finance will be available between £1,000 and £10 million per business.

️What can they loan be used for?

Once received, the finance can be used for any legitimate business purpose, including growth and investment.

️When can I apply?

▪️The scheme launches on 6 April and is open until 31 December, subject to review.

▪️Loans will be available through a network of accredited lenders, whose names will be made public in due course.

▪️The government guarantees 80% of the finance to the lender to ensure they continue to have the confidence to lend to businesses.

️What are the terms of the loan?

▪️Finance terms are up to six years for term loans and asset finance facilities.

▪️For overdrafts and invoice finance facilities, terms will be up to three years.

▪️No personal guarantees will be taken on facilities up to £250,000, and a borrower’s principal private residence cannot be taken as security.

▪️Further details of accredited lenders will be released in due course.

️Am I eligible?

▪️You will be able to apply for a loan if your business:

• Is trading in the UK.

You will need to show that your business:

• Is viable or would be viable were it not for the pandemic.

• Has been impacted by the coronavirus pandemic.

• Is not in collective insolvency proceedings - further details will be provided in due course.

▪️Business that have received support under the existing COVID-19 guaranteed loan schemes will still be eligible to access finance under this scheme, if they meet all other eligibility criteria.

Contact us for more details.

22/03/2021

️RESTART GRANTS - THE DETAILS

*These grants are not to be confused with the SEISS grants, the Additional Restriction grants or the Recovery grants*

○️Who is the grant for?

The Restart Grant scheme supports businesses in reopening safely as COVID-19 restrictions are lifted.

○️When are they available?

Grants will be available from 1 April 2021 but you can submit applications in advance.

○How much will I get?

Eligible businesses in the non-essential retail sector may be entitled to a one-off cash grant of up to £6,000.

○Eligible businesses in the hospitality, accommodation, leisure, personal care and gym sectors may be entitled to a one-off cash grant of up to £18,000.

○️Am I eligible?

°Your business may be eligible if it is:

• Based in England

• Rate-paying

• In the non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors

• Trading on 1 April 2021

☆You are not eligible if your business;

• Is in administration, insolvent or has been struck off the Companies House register.

• Has exceeded the permitted subsidy allowance.

○️What is Subsidy Allowance?

•This scheme is covered by 3 subsidy allowances:

• Small Amounts of Financial Assistance Allowance – you’re allowed up to £335,000 (subject to exchange rates) over any period of 3 years.

• COVID-19 Business Grant Allowance – you’re allowed up to £1,600,000.

• COVID-19 Business Grant Special Allowance - if you have reached your limits under the Small Amounts of Financial Assistance Allowance and COVID-19 Business Grant Allowance, you may be able to access a further allowance of funding under these scheme rules of up to £9,000,000, provided certain conditions are met.

○Grants under these 3 allowances can be combined for a potential total allowance of up to £10,935,000 (subject to exchange rates).

For more info contact us
07446 532072